Showing 1 - 10 of 23
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.
Vietjet becomes 1st low-cost Thai airline to use green fuel
Business, Molpasorn Shoowong, Published on 07/11/2025
» Vietjet Thailand has become the first low-cost Thai carrier to operate flights with a 1% blend of sustainable aviation fuel (SAF), while it awaits the delivery of more fuel-efficient Boeing 737-8 jets delayed due to the US government shutdown.
Thai Lion to add at least two aircraft this year
Business, Molpasorn Shoowong, Published on 12/09/2025
» Thai Lion Air expects to receive at least two Boeing 737 aircraft this year, expanding flights to destinations with high demand such as China and Japan, although the total fleet will be less than the 40 jets previously planned due to a decline in foreign and Chinese tourists.
Strong fourth-quarter outlook for THAI
Business, Molpasorn Shoowong, Published on 04/09/2025
» The fourth-quarter outlook for Thai Airways (THAI) remains strong, with a load factor of more than 80% driven by both foreign demand and Thai tourists opting for Asian countries, as China and Japan have remained popular destinations all year.
Vietjet Thailand bullish on prospects for expansion
Business, Molpasorn Shoowong, Published on 29/08/2025
» With the largest fleet expansion among low-cost carriers operating in Thailand, Vietjet Thailand is ready to challenge its competitors by opening new routes to popular destinations, targeting 6.7 million passengers and 15 billion baht in revenue this year, resembling the rates recorded last year.
JustCo sets out ambitious growth plan
Business, Molpasorn Shoowong, Published on 14/08/2025
» JustCo, a co-working and flexible space provider, plans to more than double its footprint to 120-130 locations within five years, aiming to become the largest provider in Asia-Pacific and the Middle East.
Galaxy Resorts calls for luxury strategy to maximise growth
Business, Molpasorn Shoowong, Published on 05/08/2025
» As Thailand has already passed its tourism peak of 40 million tourists, the country requires luxury marketing and new public-private partnership investment in luxury tourism that targets the growing number of affluent travellers from Asia-Pacific in order to maximise growth, says Galaxy Resorts Thailand.
MGM Resorts urges 'competitive' casino tax
Business, Molpasorn Shoowong, Published on 21/05/2025
» Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in order to stimulate tourism and economic growth, says integrated resorts operator MGM Resorts International.
Centara to invest B15bn in hotels
Business, Molpasorn Shoowong, Published on 01/03/2025
» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.
Tourism Authority of Thailand upbeat on Golden Week
Business, Molpasorn Shoowong, Published on 01/10/2024
» Thailand is expecting up to 183,000 Chinese visitors during this year's Golden Week holiday, representing an 88% recovery from 2019, generating 5.1 billion baht revenue, according to the Tourism Authority of Thailand (TAT).